HOCK LOCK SIEW
·
SUBSCRIBERS
SIA's minority investors have a chance to ride air travel recovery under Temasek's wing
Published Tue, Jul 6, 2021 · 05:50 AM
STATE investor Temasek Holdings has spent over S$12 billion underwriting the rights issues of flag carrier Singapore Airlines (SIA).
That is more than SIA's market value of under S$8 billion at the time its cash calls were announced last year.
Would minority shareholders of SIA have been better off if Temasek had just taken SIA private? And should they now be clamouring for a privatisation?
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama